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The Toronto-Dominion Centre in Toronto. The economy of Ontario is diversified.Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3]
Nearly two-thirds of Canada's forest products, including pulp and paper, are exported to the United States; 72% of Canada's total newsprint production also is exported to the U.S. At $73.6 billion in 2004, U.S.-Canada trade in energy is the largest U.S. energy trading relationship, with the overwhelming majority ($66.7 billion) being exports ...
The Art Deco façade of the former Toronto Stock Exchange building. The Toronto Stock Exchange is the largest in Canada.. As the country’s commercial and financial hub and one of the largest financial centres in the world as per the British Global Financial Centres Index, Toronto hosts the Toronto Stock Exchange (TSX), the third largest stock exchange in the Americas by market capitalization ...
Canada portal The following is a list of the top 20 exports of Canada . Data is for 2012, in millions of United States dollars , as reported by The Observatory of Economic Complexity .
The midstream sector involves the transportation, storage, and wholesale marketing of crude or refined petroleum products. Canada has a large network of pipelines - over 840,000 km - that transport crude oil and natural gas across the country. [49] There are four main pipeline groups: gathering, feeder, transmission, and distribution pipelines.
Canada is the world's eighth-largest economy as of 2022, with a nominal GDP of approximately US$2.2 trillion. [1] It is a member of the Organisation for Economic Co-operation and Development (OECD) and the Group of Seven (G7), and is one of the world's top ten trading nations , with a highly globalized economy.
Toronto 32.4 6.4 787.5 67.1 Banking 4 118 Brookfield Asset Management: Toronto 57.6 3.6 256.3 46.0 Finance 5 134 Bank of Montreal: Montreal 26.2 4.6 614.2 50.4 Banking 6 166 Manulife: Toronto 28.4 3.7 517.8 36.2 Insurance 7 174 Enbridge: Calgary 36.1 2.2 122.2 75.3 Oil and Gas 8 190 Canadian Imperial Bank of Commerce: Toronto 20.2 3.9 486.0 36. ...
Canada is the largest producer of ice wine, producing more ice wine than all other countries combined. [32] In 2015, there were 548 wineries spread across 12,150 hectares (30,000 acres). More than half of Canada's vineyard acreage is situated in Ontario, with 150 vineyards spread across 6,900 hectares (17,000 acres).